Innealta Capital's Q2 2026 Portfolio Activity
This article analyzes the observable purchases and sales made by Innealta Capital, Llc during the second quarter of 2026 based on available disclosures.
During the second quarter of 2026 (Q2), Innealta Capital, Llc, a prominent investment entity, demonstrated significant activity in its portfolio holdings. The firm's actions resulted in substantial changes to the composition of its investments during this period.
One of the most notable moves was the initiation or massive increase of a position in SPDR BLOOMBERG 1-3 MONTH T-BILL ETF (BIL). This holding saw an unprecedented change, with shares increasing by exactly 98610 units from the previous quarter. This represents a 100% increase, significantly boosting its portfolio allocation to 4.82%. The substantial purchase suggests a strategic move towards safer assets or enhanced cash flow generation within their investment strategy.
Conversely, Innealta Capital reduced exposure in several key areas during Q2 2026. A major sale occurred with the Technology Select Sector SPDR (XLK), where shares decreased by 24,440 units (-25.65%). This was accompanied by a reduction in its allocation to just 7.2%. Another significant sector ETF saw the largest decrease: ENERGY SELECT SECTOR SPDR (XLE), which experienced an 85,046 share (-40.3%) reduction from prior period holdings.
Additionally, the firm divested its position in VANGUARD TOTAL STOCK MARKET ETF (VTI), reducing shares by 170 units (-1.2%). This exit resulted in a portfolio allocation drop to 2.83%. Similarly, the position in JPMORGAN ACTIVE BOND ETF (JBND), holding an allocation of 2.71%, was also reduced during Q2.
The investor's focus appears to have shifted towards specific international markets and smaller companies, as evidenced by other changes in their portfolio. They notably increased exposure to emerging market equities with the large purchase of ISHARES MSCI BRAZIL ETF (EWZ), adding 23,853 shares (+51.1%) and boosting its allocation to 1.3%. Similarly, they added a new position in the small-cap Taiwanese market with FRANKLIN FTSE TAIWAN ETF (FLTW), increasing shares by 9,623 units.
Within specific sectors, Innealta Capital showed targeted buying activity. They significantly increased their position in Crescent Energy Inc-A (CRGY) with a +262.97% change from prior period shares (adding 27,075 units). This suggests confidence in the energy sector's prospects or an investment thesis focused on this area. Furthermore, they initiated positions in several small-cap companies: Bright House Financial Inc (BHF) at 0.23%, Western Alliance Bancorp (WAL) at 0.21%, Breadcrumb Financial Holdings Inc (BFH) at 0.14%, Service Corp International (SCI) at 0.12%, and DXC Technology Co (DXC) at a minimal allocation of 0.07%. These additions to the portfolio indicate diversification into specific niche areas or smaller market capitalizations.
No purchases were observed in Technology sector stocks during this period, as no holdings with changes showed an increase within that category according to the disclosed data.